TORONTO, ON --(Marketwired - October 01, 2014) - ViXS Systems Inc. (TSX: VXS), a pioneer and leader in media processing solutions, is pleased to announce that Sally Daub, President and CEO of ViXS, has been appointed to Consumer Electronics Association's (CEA)® Board of Industry Leaders (BIL). The BIL is comprised of 45 consumer technology industry leaders and serves CEA and its Executive Board in an advisory role, helping to set priorities for association activities and industry public policy positions. CEA unites over 2,000 companies within the consumer technology industry as it pursues its mission to grow the $209 billion U.S. consumer electronics industry. CEA sets industry standards, liaisons with regulators and government bodies, hosts the annual International CES® and connects the industry as a whole.
"I am honored to join the list of distinguished fellow board members. It is an exciting time in the consumer electronics industry as we undergo the transition to Ultra High Definition and HEVC standards. I look forward to collaborating and working with some of the top leaders and innovators in the sector."
"We are excited to welcome Sally to our Board," said CEA President and CEO, Gary Shapiro. "The BIL offers invaluable strategic direction to help guide our association and industry. With Sally's experience in running a leading company with a proud history of innovation, we look forward to her contributions as we continue to help foster growth across the CE industry."
About ViXS Systems Inc.
ViXS is the pioneer and market leader in designing revolutionary media processing semiconductor solutions for the broadcasting and consumer electronics industries, with over 467 patents issued and pending worldwide, numerous industry awards for innovation, and over 31 million media processor shipments to date. ViXS is driving the transition to Ultra HD 4K across the entire content value chain by providing professional and consumer grade chipsets that support the new High Efficiency Video Coding (HEVC) standard up to Main 10 Profile, reducing bandwidth consumption by 50% while providing the depth of color and image clarity needed to take advantage of higher-resolution content. ViXS' XCodePro 300 family is ideal for Ultra HD 4K infrastructure equipment, and the XCode 6000 family of system-on-chip (SoC) products achieve unprecedented levels of integration that enable manufacturers to create cost-effective consumer entertainment devices.
ViXS is headquartered in Toronto, Canada with offices in Europe, Asia and North America. VIXS™, the ViXS® logo, XCode®, XCodePro™, XConnex™ and Xtensiv™ are trademarks and/or registered trademarks of ViXS. Other trademarks are the property of their respective owners. For more information on ViXS, visit our website: www.vixs.com.
The Consumer Electronics Association (CEA) is the preeminent trade association promoting growth in the $209 billion U.S. consumer electronics industry. More than 2,000 companies enjoy the benefits of CEA membership, including legislative advocacy, market research, technical training and education, industry promotion, standards development and the fostering of business and strategic relationships. CEA also owns and produces the International CES - The Global Stage for Innovation. All profits from CES are reinvested into CEA's industry services. Find CEA online at www.CE.org
Statements in this press release that are not historical facts constitute "forward-looking statements" within the meaning of applicable securities laws. Such statements include, but are not limited to, statements regarding ViXS' projected revenues, gross margins, earnings, growth rates, the impact of new product design wins, market penetration and product plans. The use of terms such as "may", "anticipated", "expected", "projected", "targeting", "estimate", "intend" and similar terms are intended to assist in identification of these forward-looking statements. Readers are cautioned not to place undue reliance upon any such forward-looking statements. Such forward-looking statements are not promises or guarantees of future performance and involve both known and unknown risks and uncertainties that may cause ViXS' actual results to be materially different from historical results or from any results expressed or implied by such forward-looking statements.
FOR FURTHER INFORMATION PLEASE CONTACT:
ViXS Systems Inc. Charlie Glavin +1 416 646-2000 firstname.lastname@example.org Nicole Marchand Investor Relations +1 416 428-3533 email@example.com